Board members are elected to their positions. In some case they run for them, in others they are recommended by a committee.
A subsidiary company definitely can have its board of directors, and practically, it usually have. Basically its parent company who appoints directors in board of directors of subsidiary companies. Day to day matters of the subsidiary company cannot be run by parent company's board of directors, so it is necessary for a subsidiary to have its own board of directors which ultimately reports to parent company's board of directors.
A company or organization has a board of directors.
They oversee a company and answer to stock holders. The board of directors provides the company with direction and advice. It is the responsibility of the board of directors to ensure that the company fulfills its mission statement. In doing so, the board of directors frequently sets the company's policy objectives. A good board of directors should include knowledgeable and experienced business people. From: http:/www.wisegeek.com/what-does-a-board-of-directors-do.htm A board of directors should NOT be made up of friends and relatives; one or two members can be friends or acquaintances if they are business people or experienced board members.
Yes
Pepsi is owned by the Pepsico company. Their board of directors is made up of 13 members: one executive director and twelve independent outside directors. All of their information can be found on the Pepsico company website, or on the Companies House website.
A director of a company is an officer of that company.
The directors of a company are usually called a board of directors. The directors of a company are rarely all together as a group unless at a director's meeting in a room with a 'board', and obsolete term for 'table'.
It is generally a requirement that all members of a board of directors hold stock in the company.
Usually they are referred to as the Board of Directors.
Yes I believe the President of a Company does need to be a Board Member because when you think about it the President of a Company could give the Board of Directors his or her ideas on what he or she needs to be done to improve a Company and then the Board of Directors can vote on what a Company needs and doesn't need.
Share holders
The management board controls and monitors the company's management and performance. The management and performance goals have been set by the board of directors.